Property News · September 15, 2021

Fosun Tourism-owned Club Med eyes expansion in Southeast Asia as it sees region leading travel rebound after pandemic


Resort chain operator Club Med is looking to expand in Southeast Asia, eyeing properties in Thailand, Vietnam and Indonesia as it anticipates an aggressive travel rebound in Asia-Pacific after the pandemic ebbs.Despite the Covid-19 pandemic ravaging the global tourism industry, Club Med, owned by Hong Kong-listed Fosun Tourism, has continued to aggressively open new resorts.The leisure business of the Chinese conglomerate controlled by billionaire Guo Guangchang opened Club Med La Rosiere in…

Source : South China Morning Post
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